Heritage Foods Limited (HFL) has issued a clarification regarding its recent press release about acquiring a majority stake in Peanut Butter and Jelly Private Limited. The company aims to rectify potential misinterpretations of its regulatory disclosure and provide accurate information to investors and stakeholders.

Key Points of Clarification

• Original Statement: The initial press release dated October 27, 2025, stated that "Heritage Foods has acquired a controlling 51% shareholding in the Company."

• Corrected Statement: The company clarifies that "Heritage Foods Board approved the proposal to acquire 51% shareholding in M/s. Peanutbutter and Jelly Private Limited through secondary buyouts from existing investors."

• Transaction Status: The acquisition is subject to the closing of the share purchase agreement and necessary corporate approvals.

Implications and Next Steps

This clarification highlights that the acquisition is still in the approval stage and has not been completed as initially implied. The company's board has given the green light to proceed with the proposed acquisition, but several steps remain before the transaction is finalized.

Heritage Foods expressed regret for any inconvenience caused by the initial statement and emphasized that the clarification was issued to ensure transparency and avoid any misinterpretation of their disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Additional Corporate Updates

In addition to this clarification, Heritage Foods has also announced its participation in upcoming investor conferences:

The company has stated that no unpublished price-sensitive information will be shared during these meetings, maintaining compliance with regulatory requirements.

Investors and market participants are advised to consider this clarification when evaluating Heritage Foods' recent announcements and future prospects. The company's commitment to transparency through this clarification and its participation in upcoming investor conferences demonstrates its ongoing engagement with the investment community.

DSP Small Cap Fund has significantly increased its stake in Heritage Foods Limited through a rights issue, crossing the 5% threshold and triggering disclosure requirements. The fund's strategic move reflects potential shifts in the small-cap segment of the Indian stock market.

Key Highlights of the Acquisition

Impact on Heritage Foods' Capital Structure

The rights issue had a significant impact on Heritage Foods' equity share capital:

This doubling of the equity share capital indicates a major corporate action by Heritage Foods, potentially aimed at raising capital for expansion or other strategic initiatives.

DSP's Investment Structure

It's worth noting the structure behind this investment:

• DSP Trustee Private Limited acts as the trustee for DSP Mutual Fund schemes and DSP Alternative Investment Fund.
• DSP Investment Manager Private Limited serves as the investment manager.

This acquisition by DSP Small Cap Fund could signal confidence in Heritage Foods' future prospects or potential value in the small-cap segment of the market. However, investors should conduct their own research and consider their investment goals before making any decisions based on this development.

The crossing of the 5% ownership threshold is significant from a regulatory perspective, as it triggers disclosure requirements. This transparency allows other market participants to be aware of substantial changes in ownership of publicly traded companies.

As always, market movements and fund acquisitions should be viewed in the broader context of overall market trends, sector performance, and individual company fundamentals.